NORTH AMERICAN RIG WATCH
| July 02, 2021
July 2, 2021
Please find below the links to this week's detailed rig reports and a quick recap of the North American oil and gas drilling activity as reported by Baker Hughes. US: Baker Hughes shows 475 active rigs as of July 02, 2021, higher by +5 from the previous week. Oil rigs increased by +4 to 376 (ht: +7; vt-dir: -3), and gas-directed rigs increased by +1 to 99 (ht: +1; vt-dir: unch). Horizontal oil rigs increased by +2 in Permian (NM), by +2 in Permian (TX), by +1 in Bakken (ND) and by +2 in Other.....
EIA NG STORAGE REPORT
| July 01, 2021
July 1, 2021
Dear , The EIA reported a +76 bcf injection, 6 bcf higher than our call of +70 bcf and 8 bcf higher than the Bloomberg median of +68 bcf. Our models are currently showing storage activity of +28, +47, +23, +39 bcf over the next four weeks for a total of+144 bcf, compared to +170 bcf for the same period last year and the five-year average of +180 bcf.
NGL MARKET RECAP
| June 30, 2021
June 30, 2021
Dear , Please find below the link to this week’s NGL Market Recap, which provides an overview of North American NGL statistics as well as global LPG prices, spreads/arbitrages and ratios. Data and charts of the Mont Belvieu non-LST to FEI, Propane Arbitrage and Butane Arbitrage are not available today, due to an issue with our data provider.
SPECTRUM
| June 29, 2021
June 29, 2021
Dear , Please find below the link to this week's detailed inventory forecast, our 4-wk storage outlook, along with natural gas trade and power sector demand estimates and highlights of reference week balances. For the week ending June 24, 2021, LCMC 4-wk NG storage estimate: +70, +34, +57, +27. Total +188 vs +215 LY and +217 5-yr avg. This week by region: E: +24; MW: +25; MTN: +4, PAC: +3; SC: +14 (S: +2, NS: +12). 4 analysts reported on BBG with an average of +67 bcf. Total net exports averaged.....
U.S. COAL DELIVERIES TO POWER PLANTS
| June 28, 2021
July 2021
Dear , Please find below the link to U.S. Coal Deliveries to Electric Power Plants with data through April 2021. The report contains volume and price data where available. The chart below shows volume-weighted average cost of delivered coal. Prices ($/mmbtu) are on the left axis, volumes (millions short tons) are on the right axis. That is aggregate data for all ranks and all destinations listed in the report.
CFTC COT
| June 25, 2021
June 25, 2021
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended June 22. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in natural gas, Brent, gasoline and heating oil , but decreased in WTI and gasoil during the reference week. Non-commercials net length in natural gas grew by +23.1k to +278.3k in futures and rose by +29.6k to +4.....
NORTH AMERICAN RIG WATCH
| June 25, 2021
June 25, 2021
Please find below the links to this week's detailed rig reports and a quick recap of the North American oil and gas drilling activity as reported by Baker Hughes. US: Baker Hughes shows 470 active rigs as of June 25, 2021, unchanged from the previous week. Oil rigs decreased by -1 to 372 (ht: -6; vt-dir: +5), and gas-directed rigs increased by +1 to 98 (ht: +2; vt-dir: -1). Horizontal oil rigs increased by +2 in Anadarko (OK), while declining by -2 in Permian (NM), by -2 in Permian (TX) and b.....
EIA NG STORAGE REPORT
| June 24, 2021
June 24, 2021
Dear , The EIA reported a +55 bcf injection, 6 bcf lower than our call of +61 bcf and 9 bcf less than the Bloomberg median of +64 bcf. Our models are currently showing storage activity of +70, +42, +51, +44 bcf over the next four weeks for a total of +207 bcf, compared to +215 bcf for the same period last year and the five-year average of +217 bcf.
NGL MARKET RECAP
| June 23, 2021
June 23, 2021
Dear , Please find below the link to this week’s NGL Market Recap, which provides an overview of North American NGL statistics as well as global LPG prices, spreads/arbitrages and ratios. Data and charts of the Mont Belvieu non-LST to FEI, Propane Arbitrage and Butane Arbitrage are not available today, due to an issue with our data provider.
SPECTRUM
| June 22, 2021
June 22, 2021
Dear , Please find below the link to this week's detailed inventory forecast, our 4-wk storage outlook, along with natural gas trade and power sector demand estimates and highlights of reference week balances. For the week ending June 17, 2021, LCMC 4-wk NG storage estimate: +61, +71, +49, +41. Total +222 vs +292 LY and +266 5-yr avg. This week by region: E: +27; MW: +24; MTN: +5, PAC: +5; SC: +0 (S: -4, NS: +4). 4 analysts reported on BBG with an average of +66 bcf. Total net exports averaged 1.....